Find Out How Much Your Business Can Save With Electronic Payments

Answer a few questions to understand how much the ACH Network can benefit your bottom line.

Presented by Nacha, the governing body of the ACH Network, this cost calculator can estimate how much payments are costing your business.

Using credit cards, wire transfers or paper checks means your business could be overpaying for payments.

This calculator can tell you just how much that may be. Learn how much the ACH Network could improve your bottom line.

Lower Transaction Costs with ACH Payments

Excluding cash transactions, ACH transactions have some of the lowest transaction fees. These low fees are another benefit of a payment integration.

For example, a $500 transaction would come with various fees depending the platform used to transfer the funds:

Platform

Fees

ACH

$0.55

Paper Check

$1.22

Credit Card

$9.60*

Wire Transfer

$15-$30

*1.9% fee x $500 transaction + $0.10 transaction fee. Interchange and processing fees come when using a credit or debit card to initiate a payment. In 2018, the average interchange fee was between $0.24 and $0.54 per-transaction—according to the Federal Reserve. With almost 300 different interchange fees, these are paid to the card-issuing bank for handling costs, fraud and the risk of approving each payment. In addition to paying an interchange fee, the average credit card processing fee ranges from 1.5% to 2.9% per transaction.

Dwolla, Inc. is an agent of Veridian Credit Union and all funds associated with your account in our network are held in one or more pooled accounts at Veridian Credit Union. These funds may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union.